UK Immediate Payments still growing at 20%/year even after 8 years
by Kylene Casanova
Fundamental changes in payment behaviour occurring in the UK
International Payments
Background
Although, for most companies, cross-border/cross-currency payments make up less than 5% of all payments, they can represent a major proportion of payment costs when the FX conversion costs (which make…
Read moreAPIs are like putting lipstick on pig or a revolution? BUT who standardises chaos?
by Kylene Casanova
Now clear that only way Application Programme Interfaces will become a full revolution in financial services if adopt standards. Will this stop the revolution? Who could develop the standards needed?
US payment systems adopt SWIFT GPI tracking
by Kylene Casanova
Two key US payment systems have introduced end-to-end payments tracking for their participants, using SWIFT's global payments innovation (GPI) service
EBA Clearing adds EBICS connectivity option for instant payment system
by Kylene Casanova
Expands connectivity options so participants can use SIANet or EBICS to connect to the new pan-European real-time payment infrastructure from November 2017 on – other options may follow later
PSD2 and jargon explained
by Kylene Casanova
European Payments Council infographic shows why Payment Services Directive (PSD2) was created, the main changes, who is who, possible roles, and the likely calendar. It will change your life
Does growth of multi-channel payment systems providers threaten bank dominance?
by Kylene Casanova
Game changing services from Optal - who are to acquire B2B payments business Invapay - to provide comprehensive B2B payments ‘pay anyone, anywhere' capabilities and Adyen’s omnichannel payments = a threat?
Creative and flexible payment system solutions open up new markets and users
by Kylene Casanova
WORKING CAPITAL FLEXIBILITY = FUTURE OF PAYMENT SYSTEMS: Invapay enable companies to use the delayed payment facility in the payment card schemes + linking to other working capital platforms and FX solutions
As financial services embrace DLT, what are the risks and weakest links?
by Kylene Casanova
While distributed ledger technology promises a securer and more transparent way to pay and transact, any system is only as strong as its weakest link. So what are the risks of DLT networks?
How will Brexit affect UK payments?
by Kylene Casanova
What effects could Brexit have on payments for businesses, payment service providers and consumers? Payments UK addresses some of the practical implications for payments
DLT a ‘game changer’ for payment, clearing and settlement – CPMI report
by Kylene Casanova
This analytical framework on how distributed ledger technology (DLT) can be applied in payments, clearing and settlement identifies some of the main opportunities and risks
The future of cross-border payments - SWIFT GPI initiative: dream or reality?
by Kylene Casanova
SWIFT GPI videos show what they have in mind
What new payment services are available from your banks using SWIFT GPI services?
by Kylene Casanova
Major global transaction banks are now live with SWIFT GPI, but which of the new services are they making available to you and how?
What corporate treasury departments want in making and receiving payments
by Kylene Casanova
Systems that just work, don’t have to think about it; all the complexity is invisible. Is a Global Payments Directive from corporates needed?
The ultimate payments experience is invisible, but few get anywhere close
by Kylene Casanova
Payment systems update: Payment systems evolution continues with a very few revolutionary developments, some are evolutionary BUT most are catchup
Launch of ‘P20’ heralds closer US-UK payments relationship
by Kylene Casanova
The UK and US governments, together with payments industry leaders, have jointly launched the P20 initiative, which is described as “the first transatlantic payments initiative of its kind”
Figures show US has embraced same-day ACH
by Kylene Casanova
Same-day ACH payments in the US saw a 'strong performance' in the first three months of operations, according to NACHA
An exciting year ahead for blockchain - particularly in payments
by Kylene Casanova
Last October, Symbiont's Caitlin Long made some predictions for blockchain in 2017. Some of the predictions have already come true, while some might seem outlandish
10 security challenges for blockchain in financial services
by Kylene Casanova
As financial services set about reforming their business with blockchain, a report from an EU security agency has highlighted a number of security concerns around the technology
Blockchain could save banks $12 billion a year
by Kylene Casanova
2017 is already showing signs of how blockchain will develop and shape financial services in the near future, with trade finance platforms and huge savings for financial institutions
International payments efficiency: SWIFT GPI initiative aims are huge & ambitious
by Kylene Casanova
SWIFT launches proof of concept to determine if distributed ledger technology could help banks reconcile their nostro databases in real time
Payments Update: implementing POBO, payments in new devices, fighting providers
by Kylene Casanova
POBO is not easy; Walmart & Visa end battle over interchange fees; loyalty token platform integrated into payments; stand alone bank accounts and services
Explained: the future of blockchain and possible impact on financial services
by Kylene Casanova
Blockchain, essentially a giant network, which records ownership and value, is being hailed as the second coming of the internet. Raconteur break down its future in 8 charts
What’s the future of correspondent banking?
by Kylene Casanova
This article on gtnews.com really spells out the argument that the age of correspondent banking is coming to an end
2016 Annual Review - 10 most read posts
by Kylene Casanova
Shell’s centralisation journey; Block chain; OpenLink bringing commodity & treasury ERM solutions together; PSD2; and KYC were the most popular items in 2016